Loans and stablecoin
Create a stablecoin loan system with collateral on cake. Interest will be calculated in cake at the time of executing the loan contract. Create a stablecoin allocating part of the cake issuance of each block to the backing of the new stablecoin, it will be used to make the loans.
Off-Chain Vote
Loans
10.77 34.2%
Loans and stablecoin
20.69 65.7%
Stablecoin
0.01 0%
None
0 0%
Timeline
May 11, 2021Proposal created
May 11, 2021Proposal vote started
Jun 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated